IRS Issues Private Letter Ruling Preserving S Corporation Status Despite Failure to Make Timely QSST Election

The IRS issued a private letter ruling on I.R.C. §§1361 and 1362, confirming that S corporation status remains intact when trust beneficiaries fail to make timely qualified subchapter S trust ...

IRS Issues Private Letter Ruling Requiring Professional Corporations to Join Parent Group Consolidated Returns

The IRS issued a private letter ruling on I.R.C. §1504, confirming that professional corporations engaged in a regulated profession must join in filing a consolidated federal income tax return with ...

IRS will now send letters to those with 'math mistakes' on taxes

For the first time, taxpayers will receive letters from the IRS detailing where they went wrong in their calculations. (AP ...
The News Leader

Received an IRS Letter? Clear Start Tax Breaks Down What IRS Notices Really Mean

IRVINE, CA / ACCESS Newswire / June 27, 2025 / Every year, millions of Americans receive unexpected mail from the IRS, and panic sets in before they even open the envelope. Clear Start Tax says the ...
The Chronicle of Philanthropy

IRS Releases Letters Revoking Charity Status

In the wake of a recent ruling by a federal appeals court, the Internal Revenue Service has started to make public the letters the tax agency sends to groups that explain why it has denied or revoked ...